DOJ Will Not Prosecute Goldman Sachs in Financial Crisis Probe

The Justice Department has decided it will not prosecute Goldman Sachs or its employees for their role in the financial crisis, following an investigation by senators Carl Levin (D-MI) and Tom Coburn (R-OK). The congressional investigation found problems with the credit rating agencies and poor oversight from regulators, and highlighted abuses by Goldman Sachs and other large investment banks. Senator Levin sent a formal referral to the Justice Department for a criminal investigation in April 2011.

The investigative report by the Senate’s Permanent Subcommittee on Investigations, chaired by Levin, found that Goldman Sachs “used net short positions to benefit from the downturn in the mortgage market, and designed, marketed, and sold CDOs in ways that created conflicts of interest with the firm’s clients and at times led to the bank’s profiting from the same products that caused substantial losses for its clients.”

A statement from the Justice Department issued late on Thursday evening noted, “Based on the law and evidence as they exist at this time, there is not a viable basis to bring a criminal prosecution with respect to Goldman Sachs or its employees in regard to the allegations set forth in the report.”

“The department and its investigative partners conducted an exhaustive review of the report and its exhibits, independently gathered and scrutinized a large volume of other documents, and tenaciously pursued potential evidentiary leads, including conducting numerous witness interviews,” the Justice Department’s statement continued. “While the department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time, we commend the hard work of those involved in preparing the report and thank the Senate’s Permanent Subcommittee on Investigations for its cooperation in regard to the criminal investigation.”

“We are pleased that this matter is behind us,” Goldman Sachs spokesman David Wells said when contacted by ABC News.

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‘they’ need the goldmansucks dough for ‘they’ 2 fundraising
fav pick https://twitter.com/dmmckinney rad wall paper
was going on with C oumo in ny he got at change of hearts or will go the same way that E lliot s pizer lol

The entire trans-Atlantic financial system is hopelessly bankrupt, and the only solution to this crisis is the immediate reinstatement of Glass Steagall in the United States. Unless the Congress passes Glass Steagall in the coming days and weeks, with a veto-proof majority, breaking the power of Wall Street and restoring a commercial banking system free from the quadrillion dollars in derivatives and other gambling debts, the American people will soon be facing a mass kill, far beyond the genocidal horrors that have been imposed on Greece, Portugal, Ireland, Cyprus and Spain. Wall Street must be bankrupted before they bankrupt us all.
Every month, the Federal Reserve, with the full backing of President Obama, pumps $85 billion in fresh bailout money into Wall Street and the major European banks. At the same time, the White House and Congress have agreed to impose killer austerity cuts on the vast majority of Americans. In the coming months, the body count will skyrocket, as health insurance costs triple, as the health care delivery system is vastly scaled back, and vital social safety net programs, from Medicare and Medicaid to Social Security and Food Stamps, are stripped down to a minimum.
Already, under Obamacare,14 million Americans have lost their existing health insurance, thousands of doctors have been fired by the major HMOs, critical care hospitals are to be shut down all across the American heartland, and home health care services are being cancelled. Whether you can afford health insurance or not, the doctors, nurses, hospitals and research facilities are not going to be there unless you are among the wealthiest handful of Americans.
To be blunt: This is how it was in Nazi Germany under the Hitler T-4 euthanasia program, and this is how it is in Great Britain today with the Tony Blair-initiated N.I.C.E. program, under which medical care is denied to those deemed to be lives not worth living.
In order to feed the otherwise bankrupt Wall Street’s insatiable appetite for bailouts, hard-working Americans are being told that their pensions can no longer be paid and they are facing a brief life of abject poverty, despite decades of contributions to their pension plans. City workers in Detroit have been told that their pensions will be cut by 90 percent, which is nothing less than a death sentence. What is happening in Detroit today is in the near-future for every city in America. In New York City, the home of the Wall Street too-big-to-fail banks, the official poverty rate is 46 percent.
Under Title II of the Dodd-Frank bill, not even your household savings accounts are secure. As in Cyprus, your savings will be looted as part of the so-called bail-in scheme to save the banks at all costs.
The message coming from Washington is clear: If you are old, sick or disabled, you are as good as dead. If you are young, you have no future. The message is coming from President Obama and from Congressional Republicans, who are fully complicit in plans to vastly reduce Social Security, Medicare and Medicaid. So far, the vast majority of Democrats in Congress have been cowed into accepting Obama’s diktats.
The only serious fight-back is coming from those in Congress who are backing the return to Glass Steagall. With two bills in the Senate (S. 985 and S. 1282) and one in the House (HR. 129) with 75 co-sponsors, Glass Steagall could be restored now. It is no exaggeration to say that this is a life or death issue. Under Glass Steagall, the United States can return to a Constitutionally-mandated credit system and launch an era of unprecedented economic growth and prosperity for all. Without Glass Steagall, we are facing mass kill.

1) THE ABOLITION OF THE GLASS-STEAGALL ACT PLAYED A FUNDAMENTAL ROLE IN THE POLICE OF MASSIVE REDUCTION OF THE POPULATION.

” Under Glass-Steagall, U.S. enjoyed nearly 50 years of prosperity
October 30, 2013 • 4:48PM

“Under Glass-Steagall, the nation enjoyed nearly 50 years of prosperity. Commercial banks loaned money. Investment banks did deals. Securities firms sold stocks and bonds. Insurance companies sold insurance. It worked,” points out St. Louis Post-Dispatch.
The reprint of the Post-Dispatch article in a website, Creators.com indicates the growing urge among the millions to reinstate the Glass-Steagall Act of 1933 and prevent a massive financial and economic collapse which many fear is waiting in the wings.
Recalling the role of Robert Rubin, President Clinton’s Treasury Secretary and co-chairman of Goldman Sachs in repealing Glass-Steagall, St. Louis Post-Dispatch went on to say that the boom years of the 2000s seemed to validate his wisdom. The world was awash in cheap capital. But, “then came 2008. The big banks had used federally insured deposits to invest in exotic financial instruments backed by outrageous mortgages. The banks were leveraged far beyond what their capital holdings would support. The world financial system teetered on the brink.”
Pointing out the failure of President Obama to change the economic situation that existed in 2008, Post-Dispatch says : “Here’s a campaign slogan: Bring back Glass-Steagall. It was good enough for FDR. It was good enough for 50 years of prosperity. The money that is churning through international finance these days is doing just that — churning, creating profits, not jobs. It makes food and fuel and most everything else more expensive. It is an outsized Ponzi-scheme that enriches the few at the expense of the many.” http://larouchepac.com/node/28722
( Pro-Manufacturing Senators: Return to Glass-Steagall and the FDR Paradigm http://larouchepac.com/node/28715 )

WHO CONTROLS GOLDMAN SACHS, ONE OF THE BANKS THAT WANTED THE ABOLITION OF THE GLASS-STEAGALL ACT ?

Displaying its typically unrepentant, “in your face” attitude, the Obama administration deployed Ezekiel “Easy-Kill” Emanuel this past weekend, to proclaim the virtues and success of Obamacare, even while making clear that its purpose is to kill people. Emanuel, one of Obamacare’s chief architects, is perhaps the most visible face of its evil Nazi intent—other than Obama himself.
First in an Oct. 25 interview with Fox News, and then in an appearance on CNN’s “State of the Union” program this morning, Emanuel arrogantly waved off all charges that over a million people had had their health insurance plans canceled in the last few weeks because these didn’t conform to Obamacare’s standards, but that they would now end up paying much higher premiums and/or wouldn’t be able to access healthcare because of the fiasco of the healthcare.gov website.
To the charge by Fox’s Megyn Kelly and CNN’s Candy Crowley that Obama’s promise, “if you like your healthcare plan, you can keep it,” was an empty one, Easy-Kill huffed and puffed, telling Crowley that the insurance plans that were just cancelled “are not worth the paper they’re written on.” Obamacare offers much better care, he insisted. He had told Fox’s Kelly earlier that if insurance companies are raising their premiums or changing plans, or if employers are changing plans or not offering them, well, too bad. “That’s not the government doing this.” The numbers being reported on young people not signing up “are irrelevant,” he said. It will all be fixed in due time. The United Healthcare-linked Steve Zients, hired to fix all the glitches, is a great guy and he’ll take care of it.
Making clear that Obamacare really is about killing, Ezekiel cited as its “successes” the fact that hospital re-admission rates are already dropping, and that one of its key advantages will be that a lot more care “is going to be moved into the home”—naturally, since hospitals and clinics are being shut down at an accelerating rate—and that this is “very appropriate, because we’re going to have a lot more ability to monitor people in the home, fewer infections, fewer falls and a big cost savings.”
Louisiana Rep. John Fleming, also a physician with an active medical practice, challenged Ezekiel’s flippant remarks, pointing out that Obamacare means the end of the family physician and medical practices, rubbing in that Emanuel “is not a physician in the classic sense in terms of actually seeing patients…. He sits behind a desk reading all of the studies…. but the people are now experiencing all the damage and hurt that’s coming from this.” http://larouchepac.com/node/28690

“Belgium Wants to Kill Off Children and the Demented
November 1, 2013 • 9:32AM

Belgium, which followed the Dutch in legalizing euthanasia in 2002, is considering taking the next step in Hitler’s T-4 program — killing children and the demented. In an article in the “Health and Science” (!) section of Thursday’s Washington Post, it is reported that the ruling Socialist Party in Belgium is considering extending their euthanasia law to children — a first for any country — and would also allow the murder of adults with early dementia — with their demented “approval,” of course.http://www.washingtonpost.com/national/health-science/belgium-considering-unprecedented-law-to-grant-euthanasia-for-children-dementia-patients/2013/10/31/67fd55be-4200-11e3-b028-de922d7a3f47_story.html
WAPO reports: “Belgium is already a euthanasia pioneer. In the last decade, the number of reported cases per year has risen from 235 deaths in 2003 to 1,432 in 2012, the last year for which statistics are available. Doctors typically give patients a powerful sedative before injecting another drug to stop their heart.”
The Christian Democratic Flemish party has vowed to oppose the legislation and to challenge it in the European Court of Human Rights if it passes. However, the Post claims to be paraphrasing an Archbishop who opposes euthanasia, but argues for “alternatives like palliative sedation which make euthanasia unnecessary — and relieves doctors of the burden of having to kill patients.” This is Tony Blair’s Liverpool Pathway, in which, the Post notes, “patients are sedated and life-sustaining support is withdrawn so they starve to death; the process can take days.”
It should be recalled that Ezekiel Emanuel, one of the key authors of Obamacare, wrote in 1996 that, in order to achieve a “just allocation of health care resources,” useless eaters (in Hitler’s term), starting with the demented, should be denied health care. In his own words:
“Services that promote the continuation of the polity — those that ensure healthy future generations, ensure development of practical reasoning skills, and ensure full and active participation by citizens in public deliberation — are to be socially guaranteed as basic. Conversely, services provided to individuals who are irreversibly prevented from being or becoming participating citizens are not basic and should not be guaranteed. An obvious example is not guaranteeing health services to patients with dementia.” See “Ezekiel Emanuel: Death to Those With Dementia, as Useless Eaters” ” http://larouchepac.com/node/11094http://larouchepac.com/node/28737

“Key figures in bringing about the ACA—including several with direct involvement in imposing this on the British health system— have explicitly expressed the T4 principle, that there are “lives not worthy” to continue.
Dr. Ezekiel Emanuel, a longtime advocate for this Hitler health view, was appointed by Obama, in early 2009, as the health adviser to the Office of Management and Budget. In April, 2009, he was put on the new Federal Coordinating Council on Comparative Effectiveness Research, to devise rationalizations for cutting medical treatment. In particular, Emanuel stressed that the Hippocratic Oath caused “over-use” of medical resources, which must stop. ” http://larouchepac.com/node/28620

“It was the launch of his presidential campaign and Goldman executives soon gave over $800,000 to jump start the Obama presidential bid along with collecting millions of dollars from their fellow Wall Street firms and clients. Oh yes, Robert Rubin became the Obama economic expert, a former CEO of Goldman Sachs. Billionaire Warren Buffet became his most trusted economic advisor, a man who was to invest $5 billion in Goldman Sachs in the height of the economic meltdown. Yet Buffet was also a personal guest of Lord Rothschild at a private conference at his English estate.”http://bignews.biz/?id=788260&pg=2&keys=financial-Rothschilds-Goldman-presidency

“Obama’s “Hunger Cliff” Hits
November 1, 2013 • 9:00AM

In a feature called “America’s new hunger crisis,” MSNBC reported last night that food pantries are expecting the country to go over a “Hunger Cliff” on Friday, Nov. 1.http://www.msnbc.com/all/americas-new-hunger-crisis
As LPAC has reported, directly because of President Obama’s orders to Congressional Democrats to allow the 2009 “stimulus” food stamp program to expire, 48 million people are facing an immediate $5 billion cut in food stamp benefits. And at the same time, not to be outdone by the President, House Republicans are leading a drive in Congress for still further cuts, which are now being negotiated in the farm bill conference committee……” http://larouchepac.com/node/28734

President Obama bears direct responsibility for the cuts in food consumption coming now for the 47 million Americans who need and use food stamps to avoid “food insecurity” for themselves and malnutrition for their children.
In 2009, when mass unemployment struck the United States and 15% were falling below even the absurdly low “official poverty line”, the so-called Stimulus Act (ARRA) added a subsidy to monthly food stamp “payments”. The subsidy has varied but has averaged $9 billion/year, as the number of Americans needing food stamps rapidly rose from 36 million to 47 million. But on several occasions in budget battles since then, Obama has told Democrats in Congress that there was “extra money in food stamps” which they should offer to cut as of FY2013 or FY2014, in order to avoid other cuts. Why “extra”? Because Obama’s “recovery” would lower the number of people needing the SNAP program.
Congressional Democrats finally took Obama’s advice and ended the ARRA subsidy as of Nov. 1, 2014 — now. Many thought they would restore the funds later, but that did not happen.
On Nov. 1, then, with the national official poverty rate at about 16.2%, there will be a SNAP cut of $5 billion for 2014 (from an $80 billion annual level). This is a 5% cut in the level of benefits nationally, from a maximum of $133 to $124/month (individual) and from a maximum of $668 to $632/month for a family of four — most states’ levels are lower.
These cuts, dangerous to life, result directly from Obama’s “budget strategy”, which also includes cuts to Social Security and Medicare, some of which he has not yet forced Democrats to go ahead with.
At the same time, the Farm Bill Senate/House conferees who met Oct. 30 are considering further cuts, of between $4.5 billion (Senate) and $40 billion (House) over 10 years. These cuts will reduce the number of recipients. The House version would knock about 5 million people off food stamps, and 280,000 children off free school lunches as well.
Today 39 Democratic Senators, realizing that senior citizens, children, and disabled people, in particular, will die or suffer diseases of malnutrition as a result of this double-cut to SNAP, addressed a letter to the House/Senate conferees, urging that they make no “drastic cuts”.
Also simultaneously, many states are imposing or considering additional cuts in eligibility, which will take still more food-short Americans off the SNAP program. ” http://larouchepac.com/node/28721

3) ” United Healthcare, the largest insurer, with about 70 million insured, reported last summer that they had a particularly strong past year, with net income of $5.1 billion, up by 11% from the previous year; similarly for the others — even before the bonanza to result from the corporatist plan to force every American to buy their inflated products, beginning on October 1.
United Healthcare, it should be recalled, has as a top executive Simon Stevens, who was Tony Blair’s health policy advisor and the architect of NICE (National Institute for Health and Clinical Excellence) in 1999, the “reform” of the British National Health Service which imposed triage and genocide on the British people through selective denial of cancer drugs, surgeries, kidney dialysis, and other treatments. This was the model for the IPAB (Independent Payment Advisory Board), which is now the law of the land under Obamacare. Genocide can be profitable. ” http://larouchepac.com/node/28409

The Nazi policy embodied in Obamacare, with its “free market” variant, is proceeding to implement genocide, by cutting off medical care. Two recent examples — one due to the cutoff of insurance coverage, and the other to dissemination of the killing policy of denying treatment to those considered “not worthy of life,” give you a sensuous picture of how this is proceeding.
Here is testimony from a low-income woman in her early ’60s, diagnosed with sickle beta thalessemia, who depends on regular treatment for survival:
“Last month, the day before my scheduled visit to an infusion nurse in the Boston Medical Center’s Cancer Care Section of the Hematology/Oncology Clinic, the hospital phoned to inform me that they no longer had a contract with AARP Medicare Complete, insured through UnitedHealthCare.
“Hence, I could not receive my treatment there the next day. I’ve been treated there for the past 15 years.
“One of the physicians who cares for me assisted in helping me to get set up at Dana Farber Cancer Institute. I was fortunate, but this physician told me that the infusion nurses in this section of the hospital are extremely upset because this drop [of coverage] now affects at least another 50-plus patients—many of whom are not able to delay their treatments, or go to another hospital with knowledge of their illnesses.”
The second example pertains to denial of care to those considered too old to receive care. According to an East Coast doctor, an 86-year-old man, who was in robust health, recently fell ill with pneumonia. The doctor referred him to the hospital, where treatment commenced.
But apparently this gentleman did not respond immediately to the treatment. Instead of informing the doctor, or upgrading the treatment, the patient was downgraded in his level of care. The next thing the doctor knew, he was presented with his patient’s death certificate, which stated precisely what had been done and not done which led to the patient’s death.
This is the philosophy of the Nazi doctors and regime—and it is happening here. ” http://larouchepac.com/node/28733

” Team Obama Knew And Lied: Millions to Have Insurance Cancelled

Multi-millions of people cross-country, who hold health insurance policies as individuals, are now receiving notices from their insurers that their contract is cancelled as of a specified date in the coming months. For example, 290,000 in the state of Washington have been so notified. The policy-holders are told: Good luck. Seek a new policy on the exchanges, which you will find is far more expensive, different and bad.
President Obama knew about it from the very start, lied, and is getting hit with a renewed blast of rage from the population. He has repeatedly said, as he did in 2009, “If you like your health plan, you will be able to keep your health plan…” under his Affordable Care Act. It is estimated that some 14+ million Americans as of recent years, are holders of “individual” (that is, not employer or other group) health insurance policies. But under Obamacare, 50 to 80% of these people—10+ million—will receive a cancellation notice. Already, 2 million people have received cancellation notices, according to a CBS News report today, which is more than has been enrolled for coverage on the new exchanges! ……….. http://larouchepac.com/node/28713
( Insurance Cancellations: What Did Obama Know, and When Did He Know It? http://larouchepac.com/node/28724 )
” Obama Administration Keeps Chiseling Seniors: Social Security Cost-of-Living Increase is Only 1.5 Percent

………In the context of the Oct. 30 Senate-House budget conference meeting, NPR ran a spot on Social Security, yesterday, citing Soros partner Stanley Druckenmiller saying of Social Security that, “This is all current seniors just feeding at the trough, stealing from future seniors,” and also quoting Jonathan Cowan, the director of the “Democratic” think tank Third Way, saying that “Older Americans, their lobbies, and the politicians who do what they ask, are actually waging war on young people.”
A number of stories out in the press note a developing split between Obama and Congressional Democrats over Obama’s willingness (actually, eagerness) to entertain cuts to entitlements, including Social Security and Medicare.
Negotiations on the budget deal (cuts) are scheduled to resume Nov. 13. ” http://larouchepac.com/node/28736
SOROS IS A MAN RELATED ALSO TO CARLYLE GROUP, BLACKSTONE AND ROTHSCHILDS. http://www.culturechange.org/CarlyleEmpire.html
( More People May Lose Health Insurance Through Website Crash http://larouchepac.com/node/28681 )
( Pushing Entitlement Cuts Goes Way Back with Barack Obama http://larouchepac.com/node/28701 )

A week ago, Detroit Emergency Manager Kevyn Orr had announced sweeping changes to health insurance for active and retired workers, slated to take effect Jan. 1, and included a summary of those cuts published by the Detroit News.
More information is contained in an “adversary proceeding” filed in the bankruptcy court in Detroit on October 20, 2013, by the Official Committee of Retirees and two union retiree organizations, against the City and Orr.
The opening paragraphs of the Complaint explain that during their employment with the City, the retirees “agreed to a compensation package which included the City’s commitment to provide them (and often their spouses and dependents) with healthcare benefits at a significantly reduced or no cost when they retired.”… “Nevertheless, the City recently distributed its 2014 Calendar Year City of Detroit Retiree Healthcare Plan, by which the City attempts to walk away from its contractual obligation to provide vested healthcare benefits to the Retirees and their spouses. The City has unilaterally decided to reduce its funding of the vested healthcare benefits by approximately 83%.”
This means, the Complaint continues, that “To obtain comparable healthcare benefits, many of [the retirees] will be forced to go out of pocket an additional several hundred dollars per month and several thousand dollars per year.”
The Complaint explains that, based on the City’s announced cuts,
* “75% of Medicare eligible Retirees will see: (a) their deductibles quadruple from $175 to $750, (b) their medical co-pays and co-insurance out-of-pocket maximums double, and (c) their drug co-pays sky-rocket.”
* For retirees not eligible for Medicare, “the City’s Plan will significantly increase their premiums as well as their share of actual costs incurred.” Specifically, “the City is reducing its share of the total healthcare costs for the Retirees not eligible for Medicare from 72% of the total costs to 15%, while increasing the Retirees’ share from 28% to 85%.”
* Further, “On the healthcare exchanges, a Retiree who makes $29,000 annually would have to pay an additional $812 in annual premiums (above the City’s contribution and any federal subsidy) just to procure a policy that will cover only about 70% of his costs. … These additional expenditures are beyond the means of most Retirees, many of whom survive on an income under $20,000 per year. … Because of these additional costs associated with medical treatment, significant and important medical procedures and/or treatment will now be beyond the financial means of most Retirees.”
Adversary proceedings are separate but related to an ongoing bankruptcy case (in this case, that of the City of Detroit), when two or more parties dispute who has the right to certain assets, or whether previous financial actions by the debtor were legal, and similar issues which affect the main case. The Official Committee was appointed in August by the Bankruptcy Court, to act as the authorized representative of the retirees in the Detroit case. ” http://larouchepac.com/node/28731

THE PROBLEMS OF DETROIT ARE LINKED WITH THE BANKS UBS AND BANK OF AMERICA.

On July 30, the Detroit City Council unanimously approved a resolution calling for a Congressional (House Judiciary Committee) hearing on the “strategic” use of bankruptcy filings across the nation, and whether Detroit is using this to cut pensions and retiree healthcare. The resolution backs a call for hearings by Judiciary Committee ranking member Rep. John Conyers of Michigan.

City Councilwoman JoAnn Watson proposed the resolution last week.

Some experts are now estimating that the payments to the megabanks UBS and Bank of America, which Detroit faces on the “interest-rate swaps” derivatives it was conned into buying, may even be considerably larger than the $225 million reported in EIR’s “Detroit Facts”. According to both the Financial Times and columnist Yves Smith’s Naked Capitalism blog, the city may face immediate looting of $700 million, on top of more than $100 million a year lost to the city for the past eight years on these derivatives bets. The appointment of Kevyn Orr as emergency manager by Gov. Rick Snyder on March 14, was itself a “credit event” potentially triggering a $400 million derivatives payment by the city, one which Orr and the banks may be “not bringing up” until bankruptcy court hearings start.
Detroit’s rapid indebtedness — going from about $6 billion in debt in 2005 to $18 billion now, is in fact not unusual, except for the size of the city. The national total of municipal debt outstanding doubled from $1.9 trillion to $3.8 trillion in the same period of time, because of the impact of debt and interest-rate derivatives looting, and then the overwhelming economic effects of the 2007-08 global banking crash. ……….” http://larouchepac.com/node/27564

5) ROBBER BARONS OF DEUTSCHE BANK PLAN TO STEAL THE DEPOSITS OF THE SAVERS

” At an event of the Konrad Adenauer Foundation in Wiesbaden on Wednesday night, the theme of which could be described as “Ask what you can do for your bank,” the two speakers, Hesse State Finance Minister Thomas Schäfer (CDU) and Deutsche Bank chief economist Thomas Mayer, made heavy propaganda pitches for the bail-in approach, presenting it along with the euro as ostensibly lacking any alternative. Mayer even went so far as to speak of the “unenlightened welfare state citizen” who always wants the state to give and never gives himself, as opposed to the “enlightened welfare state citizen” who voluntarily pays more taxes.”http://larouchepac.com/node/27223http://larouchepac.com/node/28525
WE HAVE ALREADY NOTED THAT DEUTSCHE BANK IS RELATED WITH BLACKSTONE. http://transmissionsmedia.com/the-911-illusion-part-ii-deutsche-bank-blackstone/
NATO THAT IS CONTROLLED BY THE ATLANTIC COUNCIL HAS STRONG RELATIONS WITH DEUTSCHE BANK.
CAIO KOCH-WESER, VICE CHAIRMAN OF DEUTSCHE BANK IS ALSO CO-CHAIRMAN OF THE BUSINESS AND ECONOMICS ADVISORY GROUP (BEAG) OF THE ATLANTIC COUNCIL.http://www.atlanticcouncil.org/about/advisory-groups

The French region of Brittany, once the model of the post-war industrial reconstruction and modernization policies, has in recent weeks and days entered into profound crisis. Last weekend a demonstration of some 1,000 farmers and entrepreneurs became a violent confrontation with the police. One of the demonstrators lost his hand when a grenade he was launching exploded, another one was gravely wounded. Apparently, what led to a mass revolt in the region is an ecology tax on heavy transporters adopted by Sarkozy, but which the Socialists with their Greenie allies are now imposing throughout France. Brittany is a very extended region with a highly developed and integrated agro-food sector, which would be taxed much more than other regions……….” http://larouchepac.com/node/28726

The following was contributed by Liliana Gorini, Chairwoman of Movisol, in Italy.

In the last weeks, the debate over banking separation increased in Italy, as a result of the Movisol campaign to gather signatures 50,000 signatures for a proposed legislation on Glass-Steagall, and also as a result of the worsening economic and social crisis in Italy. More than 1,500 small and medium-sized entrepreneurs have committed suicide in Italy in the last year, because their firms, which were mostly family enterprises, went bankrupt as a result of the lack of bank credit.
At the same time, the Monti government and the Letta government, gave banks that have been speculating in derivatives, such as Monte dei Paschi di Siena, almost EU6 billion, more than the revenues of the much-hated IMU property tax on homeowners’ residences, while cutting the social expense (pensions, health, education) as demanded by the EU. And now the discussion about bail-in and a 15% forced levy on bank accounts, as in Cyprus, is making the population very angry. ………………….. ” http://larouchepac.com/node/28706
( Italy: Two New Legislative Initiatives for Glass-Steagall http://larouchepac.com/node/28732 )

” Saccomanni worked at the Bank of Italy most of his career.[4] His tenure at the bank interrupted only when he worked at the International Monetary Fund (1970 – 1975) and at the London-based European Bank for Reconstruction and Development where he served as vice president from 2003 to 2006.[5] He also served as the chairman of the foreign exchange policy committee of the European Monetary Institute from 1991 to 1997 in addition to his post at the Bank of Italy.[6]
He was the director general of the Bank of Italy where he started his career in June 1967.[3][7] He was appointed director general on 2 October 2006 and reappointed in 2012.[1] He was also a board member of the Bank for International Settlements and an alternate to the governor of the Bank of Italy in the Governing Council of the European Central Bank.[3] ” https://en.wikipedia.org/wiki/Fabrizio_Saccomanni

F) OAKTREE CAPITAL MANAGEMENT IS LINKED WITH CITIGROUP, RBS, GOLDMAN SACHS AND WARREN BUFFETT, THE FRIEND OF JACOB ROTHSCHILD AND EVELYN DE ROTHSCHILD.
Howard Marks Co-founder and Chairman of Oaktree Capital Management ” worked at Citicorp first as an equity research analyst and then as the company’s Director of Research. From 1978 to 1985 he served as the company’s Vice President, as well as a senior portfolio manager overlooking convertible and high yield securities ”
” In March 2011 he published the book The Most Important Thing: Uncommon Sense for the Thoughtful Investor through Columbia Business School Press. The book covered his investment strategies and analysis of market opportunity and risk. The book was praised by Warren Buffett, who called it a rarity in its usefulness. According to Buffett, “When I see memos from Howard Marks in my mail, they’re the first thing I open and read. I always learn something, and that goes double for his book.”[12] ” https://en.wikipedia.org/wiki/Howard_Marks_(investor)
” The Royal Bank of Scotland interlocks with BP, Goldman Sachs, Textron, Lloyds TSB, UBS Warburg, J.P. Morgan Cazenove, Swiss Re, mining company Xstrata, pharmaceuticals giant AstraZeneca, Citigroup, and the Prince’s Trust. Lloyds TSB and HBOS, the other two of the top five British banks, plug into this same network in multiple places.” http://larouchepub.com/other/2007/3427bae_slimemold.htmlhttp://larouchepac.com/node/14786

” To remedy this crisis, we must undertake three important initiatives:

1. SEPARATE THE PURPOSE AND PRINCIPLE OF MEDICINE FROM A DISEASED ECONOMIC SYSTEM. Restore the essence of the Hippocratic Oath as the philosophical center of the medical professions. The practice of medicine is meant to serve the development of people, not Wall Street financial conglomerates, and “population reduction” agendas.

As Hippocrates said, “It is the duty of the physician, not only to do that which immediately belongs to him, but likewise to secure the cooperation of the sick, of those who are in attendance, and of all the external agents.”

2. RESTORE THE GLASS-STEAGALL ACT OF 1933. The same Wall Street debt bubble which is crushing the Federal government is crushing the medical profession, as well as the rest of the economy. The only way to liberate ourselves from its destructive effects, is to restore the Glass-Steagall Act of 1933. Its repeal in 1999 opened the door to the growth of the biggest financial bubble in history. We must separate commercial banking from investment banking, and let Wall Street sink under the weight of its own bad investments.

No more bailouts, or bail-ins, for Wall Street.

3. IMPEACH PRESIDENT OBAMA. He has repeatedly demonstrated that he is incapable of performing the job for which we hired him. Multiple legal authorities have already assembled articles for impeachment. This man has failed you, and will allow you to die, with his inept and undeniably lethal policies that masquerade as “health care reform.”

” Military men are just dumb stupid animals, to be used as pawns in foreign policy. ” – Henry Kissinger

” We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order. ” – David Rockefeller

” How pale is the art of sorcerers, witches, and conjurors when compared with that of the government’s Treasury Department! ” – Ludwig von Mises

“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. ” – Henry Ford

” To you, Sovereign Instructors of Grade 33, we tell you: you have to repeat to the brothers of inferior grades that we worship only one God to whom we pray without superstition. It is we, initiated in the Supreme Grade, that are to keep the real Masonic religion preserving pure the Lucifer doctrine. ” – Albert Pike

” The Jesuits…are a secret society – a sort of Masonic order – with superadded features of revolting odiousness, and a thousand times more dangerous. ” – Samuel Morse

” If I were reincarnated, I would wish to be returned to earth as a killer virus to lower human population levels. ” – HRH Prince Phillip

“ I have learnt most of all from the Jesuit Order. So far, there has been nothing more imposing on earth than the hierarchical organization of the Catholic Church. A good part of that organization I have transported direct to my own party. The Catholic Church must be held up as an example. I will tell you a secret. I am founding an order. In Himmler (who would become head of the Nazi party) I see our Ignatius de Loyola (Jesuit founder). ” – Adolph Hitler

” In order to stabilize world population, we must eliminate 350,000 per day. ” – Jacques Cousteau

“ Give me control of a nation’s money and I care not who makes it’s laws. ” – Mayer Amschel Bauer Rothschild

” No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation. ” – David Spangler UN

” We know in the not too distant future, a half dozen corporations are going to control the media. ” – Time Warner

” The high office of President has been used to ferment a plot to destroy the Americans freedom, and before I leave office I must inform the citizens of this plight. ” – jfk

” The Jesuits are a MILITARY organization, not a religious order. Their chief is a general of an army, not the mere father abbot of a monastery. And the aim of this organization is power – power in its most despotic exercise – absolute power, universal power, power to control the world by the volition of a single man. Jesuitism is the most absolute of despotisms – and at the same time the greatest and most enormous of abuses. ” – Napoleon Bonaparte

” … in politics nothing is accidental. If something happens, be assured it was planned this way. ” – Franklin D Roosevelt

” It is my opinion that if the liberties of this country – the United States of America – are destroyed, it will be by the subtlety of the Roman Catholic Jesuit priests, for they are the most crafty, dangerous enemies to civil and religious liberty. They have instigated MOST of the wars of Europe. ” – Marquis de LaFayette

” The society will be dominated by an elite of persons free from traditional values who will have no doubt in fulfilling their objectives by means of purged techniques with which they will influence the behavior of people and will control and watch the society in all details. It will become possible to exert a practically permanent watch on each citizen of the world. ” – Zbigniew Brzezinski

” The world is governed by very different personages from what is imagined by those who are’nt behind the scenes. ” – Benjamin Disraeli

” If we like it or not, we will have a One World Government. The question is if it will be achieved through consent or through conquest. ” – james warburg

” The United Nations is but a long range, international banking apparatus clearly set up for financial and economic profit by a small group of powerful One World revolutionaries, hungry for profit and power. ” – curtis dall

“ It is not my intention to doubt that the doctrine of the Illuminati and the principles of Jacobinism had not spread in the United States. On the contrary, no one is more satisfied of this fact than I am. ” – George washington

“ There is nothing new in the world except the history you do not know. ” – harry truman

” It’s a big club, and you ain’t in it. You and I are not in the big club. ” – George Carlin

” I will warn you against him (the Dajjal,anti-christ)… but I tell you about him something of which no prophet told his nation before me. You should know that he is one-eyed, and Allah is not one-eyed. ” – Prophet Mohammed

” Those who manipulate the organized habits and opinions of the masses constitute an invisible government which is the true ruling power of our country. ” – Edward Bernays CBS

” And at the same time the consciousness of being at war, and therefore in danger, makes the handing-over of all power to a small caste seem the natural, unavoidable condition of survival… It does not matter whether the war is actually happening, and, since no decisive victory is possible, it does not matter whether the war is going well or badly. All that is needed is that a state of war should exist… The war, therefore, if we judge it by the standards of previous wars, is merely an imposture. It is like the battles between certain ruminant animals whose horns are set at such an angle that they are incapable of hurting one another. But though it is unreal it is not meaningless. It eats up the surplus of consumable goods, and it helps to preserve the special mental atmosphere that a hierarchical society needs. War, it will be seen, is now a purely internal affair. In the past, the ruling groups of all countries, although they might recognize their common interest and therefore limit the destructiveness of war, did fight against one another, and the victor always plundered the vanquished. In our own day they are not fighting against one another at all. The war is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society intact. The very word ‘war’, therefore, has become misleading. It would probably be accurate to say that by becoming continuous war has ceased to exist. ” – George Orwell

” In the country of the blind, the one-eyed man is king ” – Erasmus

“There’s no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” – Ayn Rand